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Average Rent in Richardson, TX

35 apartment buildings, 591 units. Real asking prices, refreshed daily.

Avg Rent

$1,699/mo

-1.7% vs last month

Cheapest

$1,029/mo

Camelot Apartments

Properties

35

tracked daily

Units

591

available now

Richardson, TX Resident Access

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Analysis

Rent Price Breakdown

Compare pricing across all 35 properties in Richardson, TX.

Timeframe

Median rent trend, last 2 months

All bedroom types, citywide. Choose a window above to scope the view.

$1,629
Median rent today
Median rent trend in Richardson, TX $1,400$1,500$1,600$1,700 May 14May 28Jun 11Jun 25Jul 9

Full Richardson, TX price history

Average Rent by Property

Starting Price vs Average

Rent by Bedroom Count

Price per Square Foot

Richardson, TX Rent Prices

All 35 properties ranked by lowest available rent.

#1 3.9 (94)

Camelot Apartments

1212 Hampshire Ln, Richardson, TX 75080, USA

From $1,029/mo
Avg $1,421 7 units
#2 2.8 (926)

Northside Apartments

3000 Northside Blvd, Richardson, TX 75080, USA

From $1,045/mo
Avg $1,371 3 units
#3 4.3 (191)

Falls on Clearwood Apartments

613 Clearwood Dr, Richardson, TX 75081, USA

From $1,065/mo
Avg $1,513 3 units
#4 3.6 (247)

Cutter's Point Apartment Homes

1111 Abrams Rd, Richardson, TX 75081, USA

From $1,073/mo
Avg $1,399 3 units
#5 3.9 (415)

The Collins Apartments

540 Buckingham Rd, Richardson, TX 75081, USA

From $1,075/mo
Avg $1,075 1 units
#6 4 (208)

Prestonwood Apartments

333 Prestonwood Dr, Richardson, TX 75081, USA

From $1,099/mo
Avg $1,335 21 units
#7 3.2 (238)

Lockwood Heights

800 Custer Rd, Richardson, TX 75080, USA

From $1,105/mo
Avg $1,388 19 units

Explore Each Property

Camelot Apartments apartments in Richardson, TX

Camelot Apartments

3.9 (94)

1212 Hampshire Ln, Richardson, TX 75080, USA

From $1,029/mo
7 units
Northside Apartments apartments in Richardson, TX

Northside Apartments

2.8 (926)

3000 Northside Blvd, Richardson, TX 75080, USA

From $1,045/mo
3 units
Falls on Clearwood Apartments apartments in Richardson, TX

Falls on Clearwood Apartments

4.3 (191)

613 Clearwood Dr, Richardson, TX 75081, USA

From $1,065/mo
3 units
Cutter's Point Apartment Homes apartments in Richardson, TX

Cutter's Point Apartment Homes

3.6 (247)

1111 Abrams Rd, Richardson, TX 75081, USA

From $1,073/mo
3 units
The Collins Apartments apartments in Richardson, TX

The Collins Apartments

3.9 (415)

540 Buckingham Rd, Richardson, TX 75081, USA

From $1,075/mo
1 units
Prestonwood Apartments apartments in Richardson, TX

Prestonwood Apartments

4 (208)

333 Prestonwood Dr, Richardson, TX 75081, USA

From $1,099/mo
21 units

By Area

Richardson, TX neighborhoods

Tracked buildings across 3 named neighborhoods. Pick one to see its apartments.

Richardson, TX Average Rent Prices 2026

The average rent in Richardson, TX is $1,699 per month, based on 591 units across 35 apartment communities. Prices range from $1,029 at Camelot Apartments to $4,564 at Cue Galatyn Station Apartments.

Average Rent by Bedroom Type

Type Avg Rent Starting From Units
Studio $1,821/mo $1,264/mo 70
1 Bed $1,486/mo $1,029/mo 300
2 Bed $1,890/mo $1,185/mo 183
3 Bed $2,264/mo $1,401/mo 37
4 Bed $1,045/mo $1,045/mo 1

Every price is a real asking rent, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.

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Building Economics

How much do Richardson, TX apartments earn?

The 28 buildings we can estimate generate about $11M in rental revenue per month ($132M a year). Estimated from each building's unit-level listing and leasing activity.

Building Est. Monthly Revenue Asking / Leased Est. Occupancy Units
1.The Riley $929K/mo $2,068 / $2,029 94% 486
2.The James at Canyon Creek Apartments $901K/mo $1,779 / $1,762 91% 564
3.Madison at Melrose $864K/mo 100% 492
4.The Flats at Palisades $743K/mo $1,662 / $1,641 91% 498
5.Camden Buckingham Apartments $688K/mo $1,570 / $1,516 93% 486

Research estimates from listing activity, not operator financials. Asking is the average listed rent; leased is the average rent at which units left the market. Click any building for the full revenue breakdown and methodology.

Market Context

Who rents in Richardson, TX, and what they pay

Tracked one-bedroom rent in Richardson, TX averages $1,486/mo, with two-bedroom units averaging $1,890/mo. At the local median household income of $96,257, that works out to 21% of gross income, well within the 25 percent comfortable-rent threshold.

The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Richardson, TX at $1,825/mo. The current tracked market average runs 7% below that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Richardson, TX while the tracked market average covers units currently listed in larger apartment communities.

Who employs renters in Dallas-Fort Worth

Demand in the Dallas-Fort Worth rental market is shaped by the metro's largest private and public employers. The following organizations anchor local hiring and influence what renters can pay:

  • Fossil Group
  • Cisco Systems
  • Texas Instruments
  • Blue Cross Blue Shield of Texas

Mean one-way commute in Richardson, TX is 24 minutes, per the Census ACS, useful context when weighing which properties sit inside reasonable reach of these employers.

What salary do I need to live comfortably in Richardson, TX?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$68,000/year

Based on the 30 percent rule, using our tracked average rent of $1,699/mo.

Comfortable income

$82,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($1,029/mo), you need to earn at least $41,000/year.

Median household income in Richardson, TX is $96,257 , about 18% above the comfortable-living threshold.

Cost of living in Richardson, TX

Overall prices in Richardson, TX runs above the national average by about 2% (BEA Regional Price Parity index 102.5, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Richardson, TX's regional price parities.

Category Monthly estimate
Rent (market average) $1,699
Utilities $507
Groceries $560
Transportation $1,208
Healthcare $589
Other goods and services $943
Estimated total $5,505/mo

Population

118,269

Median household income

$96,257

Census median rent

$1,825/mo

Rent as % of income

29.7%

Median age

34.0

Mean commute

24 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

Compare

Nearby cities in Texas

How Richardson, TX rent compares to other markets in the state.

City Avg Rent vs Richardson, TX 30-Day Change Properties
Addison, TX $1,670 -2% +1.9% 333
Austin, TX $1,980 +17% +1.5% 213
Dallas, TX $1,845 +9% +4.6% 167
Houston, TX $2,541 +50% +2.2% 85
Arlington, TX $1,389 -18% -1.3% 54
Lewisville, TX $1,558 -8% -1.6% 54

Frequently asked questions

What is the average rent in Richardson, TX?

The average rent in Richardson, TX is $1,699 per month, based on 591 units across 35 apartment buildings tracked by Average Rent. Prices are refreshed daily.

What is the cheapest apartment rent in Richardson, TX?

The lowest available rent in Richardson, TX starts at $1,029 per month. Availability changes daily and prices are refreshed each morning.

How much is a 1-bedroom apartment in Richardson, TX?

1-bedroom apartments in Richardson, TX average $1,486/mo. The lowest listed 1-bedroom starts at $1,029/mo across 300 units tracked.

How much is a 2-bedroom apartment in Richardson, TX?

2-bedroom apartments in Richardson, TX average $1,890/mo. Units start from $1,185/mo across 183 units currently listed.

Rent Trends in Richardson, TX

Track how apartment prices are changing over time.

View Rent Trends
Adding new buildings daily

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